New York Mortgage Trust, Inc. (NYMT)
| Market Cap | 538.04M |
| Revenue (ttm) | 252.54M |
| Net Income (ttm) | -30.49M |
| Shares Out | 90.58M |
| EPS (ttm) | -0.34 |
| PE Ratio | n/a |
| Forward PE | 13.20 |
| Dividend | $0.80 (13.47%) |
| Ex-Dividend Date | Dec 20, 2024 |
| Volume | 2,740,238 |
| Open | 5.62 |
| Previous Close | 5.68 |
| Day's Range | 5.61 - 6.00 |
| 52-Week Range | 5.14 - 8.75 |
| Beta | 1.99 |
| Analysts | Buy |
| Price Target | 7.88 (+32.66%) |
| Earnings Date | Feb 19, 2025 |
About NYMT
New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, including business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); single-family rental properties; and other mortgage... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for NYMT stock is "Buy." The 12-month stock price forecast is $7.88, which is an increase of 32.66% from the latest price.
News
New York Mortgage Trust Declares Fourth Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends
NEW YORK, Dec. 10, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that its Board of Directors (the “Board”) declared a regular quarterly cash div...
New York Mortgage Trust: Updating Our Allocation As The Company Derisks
We take a look at the mortgage REIT NYMT and its preferreds. The company continues to derisk its portfolio, moving away from multifamily properties into Agency MBS. The relative value in the preferred...
New York Mortgage Trust, Inc. (NYMT) Q3 2024 Earnings Call Transcript
New York Mortgage Trust, Inc. (NASDAQ:NYMT) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Kristi Mussallem - IR Jason Serrano - CEO Kristine Nario - CFO Nick Mah -...
New York Mortgage Trust Reports Third Quarter 2024 Results
NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the three and nine months ended Septemb...
New York Mortgage Trust 2024 Third Quarter Conference Call Scheduled for Thursday, October 31, 2024
NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) is scheduled to report financial results for the three and nine months ended September 30, 2024...
New York Mortgage Trust Declares Third Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends
NEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that its Board of Directors (the “Board”) declared a regular quarterly cash di...
Gauging Distribution Winners And Losers In The Next Rate Cycle
The Fed is expected to lower short-term rates soon, impacting distributions for investment vehicles like CEFs and BDCs. Investors should focus on both distribution paths and valuations of CEFs, as val...
New York Mortgage Trust PFDs: Still Rated Hold As Riskier Than Other mREIT PFDs
This article provides an update on New York Mortgage Trust preferred stocks from my January review. Along with comparing all four available NYMT preferred stocks, a brief overview of the issuer is pro...
New York Mortgage Trust: Agency RMBS May Protect Earnings
New York Mortgage Trust is trading at a discount to adjusted book value after selling off. The company focuses on agency RMBS, with strong liquidity and capital allocation. Q2 earnings results show a ...
New York Mortgage Trust, Inc. (NYMT) Q2 2024 Earnings Call Transcript
New York Mortgage Trust, Inc. (NASDAQ:NYMT) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Kristi Mussallem – Investor Relations Jason Serrano – Chief Executive Offic...
New Preferred Stock And Exchange Traded Debt IPOs, July 2024
New offerings from New York Mortgage Trust, Dime Community Bancshares, and Oxford Lane Capital Corp. with fixed coupon rates and credit ratings. DCOMG achieved a perfect CDx3 Compliance Score, while M...
New York Mortgage Trust Reports Second Quarter 2024 Results
NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the three and six months ended June 30,...
New York Mortgage Trust 2024 Second Quarter Conference Call Scheduled for Thursday, August 1, 2024
NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) is scheduled to report financial results for the three and six months ended June 30, 2024 after...
New York Mortgage Trust: The Series G Preferred Shares Are A Turnaround Bet
New York Mortgage Trust is a mREIT focused on agency residential mortgage-backed securities but also holds a 15% pure real estate exposure to multifamily. The Series G 7% fixed-rate preferred shares h...
Preferreds Weekly Review: Tight Spreads Drive Bond Issuance
We take a look at the action in preferreds and baby bonds through the first week of July and highlight some of the key themes we are watching. Preferreds market saw a solid week with a drop in Treasur...
NYMTI: The New 9.125% Bond From Mortgage REIT New York Mortgage Trust
NYMTI: The New 9.125% Bond From Mortgage REIT New York Mortgage Trust
12%+ Dividend Yields Duel
This is a head-to-head battle between two of the high yielders. Both are at least over 12%. This is a lesson in evaluating similar shares for differences in valuation. The emphasis here is on the chan...
New York Mortgage Trust, Inc. Announces Pricing of Public Offering of Senior Notes
NEW YORK, June 25, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today the pricing of an underwritten public offering of $60 million aggregate princip...
12% Dividend Yield Sure Beats 8%
Management tried to keep the dividend down. They have the cash to pay out. These shares ranked ahead of the common shares. We've invested in these shares before. Now we're doing it again. Except this ...
New York Mortgage Trust Declares Second Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends
NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that its Board of Directors (the “Board”) declared a regular quarterly cash div...
9%+ Yields For Bigger Income
We spotted a new baby bond that was particularly appealing. A discount to face value drove yields higher. When we consider these high-yielding investments, it's important to carefully compare them wit...